Silicon Motion Sets $0.50 ADS Dividend, Secures Moderate Buy Consensus
Silicon Motion declares quarterly cash dividend of $0.50 per ADS, payable May 21 to shareholders of record on May 7. Twelve analysts covering the company issue a consensus moderate buy rating with eleven buy and one hold recommendation.
1. Quarterly Dividend Declaration
On October 27 the board approved an annual dividend of $2.00 per ADS payable in four $0.50 installments. The next quarterly payment will be made May 21 to shareholders of record on May 7, with depository bank books closing on that record date. Future dividends remain subject to board approval and legal compliance.
2. Analyst Consensus Rating
Twelve research firms currently cover the company, with eleven assigning buy recommendations and one assigning hold, generating a consensus moderate buy rating. This reflects prevailing analyst expectations for modest share price appreciation based on the firm’s market position and product demand.